Sunday, May 19, 2024

LBI Real Estate Weekly Sales Update 05-12-2024 to 05-19-2024

 

LBI Real Estate Weekly Sales Update 05-12-2024 to 05-19-2024








Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 05-12-2024 to 05-19-2024: It was a busy week in the LBI real estate market with 46 changes to the MLS. There were more pending sales this week than there were new listings, which is a challenge for home buyers on Long Beach Island. In addition to this LBI real estate weekly sales update, be sure to visit my monthly analysis of home sales on Long Beach Island NJ. This page tracks all activity in the Long Beach Island real estate market month by month and helps to give buyers, sellers, and investors some good insight into LBI real estate market activity. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame. To give a quick summary:

  • 8 new listings entered the market with an average price of $2,132,125
  • 10 listings went under contract with an average listing price of about $1,496,190
  • 9 properties sold on Long Beach Island with an average price of $3,649,444
  • 9 listings saw price reductions in the LBI real estate market

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

Sunday, April 28, 2024

LBI Real Estate Weekly Sales Update 4-21-2024 to 4-28-2024

 

LBI Real Estate Weekly Sales Update 4-21-2024 to 4-28-2024







Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 4-21-2024 to 4-28-2024: It was a busy week in the Long Beach Island New Jersey real estate market with 60 changes to the MLS! This marks one of the most active weeks we have seen in some time. In addition to this LBI real estate weekly sales update, be sure to visit my monthly analysis of home sales on Long Beach Island NJ. This page tracks all activity in the Long Beach Island real estate market month by month and helps to give buyers, sellers, and investors some good insight into LBI real estate market activity. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame. To give a quick summary:

  • 16 new listings entered the market with an average price of $3,463,244
  • 9 listings went under contract with an average listing price of about $1,794,667
  • 9 properties sold on Long Beach Island with an average price of $2,263,159
  • 17 listings saw price reductions in the LBI real estate market

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

Sunday, April 21, 2024

LBI Real Estate Weekly Sales Update 04-14-2024-01-21-2024

 

LBI Real Estate Weekly Sales Update 04-14-2024-01-21-2024




Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 04-14-2024-01-21-2024: The LBI real estate market showed a normal level of activity this week, with a total of 43 changes to the Long Beach Island real estate market. Activity favored pending sales again this week, with twice as many pending sales as there were new listings! In addition to this LBI real estate weekly sales update, be sure to visit my monthly analysis of home sales on Long Beach Island NJ. This page tracks all activity in the Long Beach Island real estate market month by month and helps to give buyers, sellers, and investors some good insight into LBI real estate market activity. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame. To give a quick summary:

  • 6 new listings entered the market with an average price of $3,631,833
  • 13listings went under contract with an average listing price of about $3,554,607
  • 13properties sold on Long Beach Island with an average price of $1,979,000
  • 5listings saw price reductions in the LBI real estate market and one home increased the listing price

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

Sunday, April 14, 2024

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 04-07/2024 to 04-14-2024

 

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 04-07/2024 to 04-14-2024







Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 09-05-2021 to 09-12-2021: It was a rather slow week in the Long Beach Island real estate market with only 29 changes to the sales market. While overall activity was lower, pending sales were way up this week! In addition to this LBI real estate weekly sales update, be sure to visit my monthly analysis of home sales on Long Beach Island NJ. This page tracks all activity in the Long Beach Island real estate market month by month and helps to give buyers, sellers, and investors some good insight into LBI real estate market activity. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame. To give a quick summary:

  • 5 new listings entered the market with an average price of $2,902,800
  • 13 listings went under contract with an average listing price of about $2,523,384
  • 5 properties sold on Long Beach Island with an average price of $3,620,000
  • 3 listings saw price reductions in the LBI real estate market

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

Sunday, March 24, 2024

LBI Real Estate Weekly Sales Update 3-17-2024 to 3-24-2024

 

LBI Real Estate Weekly Sales Update 3-17-2024 to 3-24-2024





Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 3-17-2024 to 3-24-2024: It was a very busy week for new listings in the Long Beach Island real estate market! This should be welcomed news for those looking to enter into a transaction before the start of summer. In addition to this LBI real estate weekly sales update, be sure to visit my monthly analysis of home sales on Long Beach Island NJ. This page tracks all activity in the Long Beach Island real estate market month by month and helps to give buyers, sellers, and investors some good insight into LBI real estate market activity. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame. To give a quick summary:

  • 19 new listings entered the market with an average price of $2,383,894
  • 9 listings went under contract with an average listing price of about $2,659,000
  • 9 properties sold on Long Beach Island with an average price of $2,034,878
  • 12 listings saw price reductions in the LBI real estate market

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

Thursday, March 21, 2024

What to Expect From the Spring Real Estate Market on Long Beach Island

 

What to Expect From the Spring Real Estate Market on Long Beach Island








Long Beach Island Real Estate

With Spring around the corner, buyers and sellers in the LBI real estate market wonder what to expect in the next few months. Historically, Spring is a busy time in the real estate market on Long Beach Island as buyers look to complete a transaction before the start of summer. The LBI real estate market remains challenging for buyers, with interest rates remaining high and inventory low, but there are still opportunities in the market. Both buyers and sellers can take advantage of the current market if the conditions are right, and by understanding what may change in the market is an important step to a successful transaction.

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

Monday, March 18, 2024

Will LBI Real Estate Mortgage Rates Drop in 2024

 

Will LBI Real Estate Mortgage Rates Drop in 2024







Long Beach Island Real Estate

Home buyers in the LBI real estate market have been facing three notable challenges: low inventory, high prices, and high mortgage rates. Two of these challenges, inventory and home prices, are unlikely to change positively in the near future, but there may be some relief for buyers with mortgage rates in the coming year. The question is, what impact will lower mortgage rates have on the rest of the LBI real estate market?

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market